Asda axes 300 jobs at head office

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Asda job cuts

Asda has culled almost 300 jobs at its head office as part of a major turnaround plan.

The Walmart-owned grocery giant informed around 288 affected staff yesterday afternoon, with all of those workers being told their jobs had been made redundant immediately.

The job cuts represent more than 10 per cent of Asda’s 2500 head office employees.

According to reports, the majority of staff made redundant were working at its office in Leeds while the rest were based at Asda’s Leicester office.

Another 800 staff have had the requirements and scope of their job descriptions changed as part of the cost-cutting drive.

“At Asda we value each and every one of our colleagues,” an Asda spokesperson said.

“The changes are in response to the ever-changing sector in which we’re working and the need to adapt to create an agile business which is fit for the future.”

Asda is in the midst of turnaround plan and restructure under recently-appointed chief executive Sean Clarke, prompted by a woeful 2016 that saw pre-tax profits crash by 19 per cent and 11 consecutive quarters of falling sales figures.

Last month, it was reported that thousands of Asda workers across 18 underperforming stores were facing redundancy or changes to their working hours.

Staffing arrangements in an additional 59 stores were also being reviewed.

Nonetheless, August saw signs that Clarke’s turnaround strategy was beginning to bpay off, with Asda posting its first quarterly sales growth in three years.

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